Modern Terminals Limited (Modern Terminals or MTL), is the second largest

container terminal A container port or container terminal is a facility where cargo containers are transshipped between different transport vehicles, for onward transportation. The transshipment may be between container ships and land vehicles, for example train ...

operator in Hong Kong, just after

Hongkong International Terminals Limited Hongkong International Terminals Limited (HIT) () is one of several key container port operators in the Port of Hong Kong owned by Hutchison Port Holdings, which is the largest port operator in Hong Kong and the world. HIT operates 12 berths i ...

. It operates terminal 1, 2, 5 and 9 (South) in

Kwai Tsing Container Terminals Kwai Tsing Container Terminals is the main port facilities in the reclamation along Rambler Channel between Kwai Chung and Tsing Yi Island, Hong Kong. It evolved from four berths of Kwai Chung Container Port () completed in the 1970s. It later ...

in Hong Kong, and also sets up

joint-venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

in container terminals in

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...

Guangdong Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...

and

Taicang Taicang is a county-level city under the jurisdiction of Suzhou, Jiangsu province, China. The city located in the south of the Yangtze River estuary opposite Nantong, being bordered by Shanghai proper to the south, while the river also delineates ...

Jiangsu Jiangsu (; ; pinyin: Jiāngsū, Postal romanization, alternatively romanized as Kiangsu or Chiangsu) is an Eastern China, eastern coastal Provinces of the People's Republic of China, province of the China, People's Republic of China. It is o ...

Mainland China "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

. In 1990s, the major shareholder were

the Wharf (Holdings) The Wharf (Holdings) Limited (), or Wharf (九倉) in short, is a company founded in 1886 in Hong Kong. As its name suggests, the company's original business was in running wharfage and dockside warehousing, and it was originally known as Th ...

China Merchants Holdings (International) China Merchants Port Holdings Company Limited () is a major conglomerate based in Hong Kong and is involved in a range of businesses such as port operations, general and bulk cargo transportation, container and shipping business, air cargo, lo ...

Swire Pacific Swire Group () is a Hong Kong- and London-based British conglomerate. Many of its core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centred on Hong Kong and mainland China. Within Asia ...

. Swire Pacific sold all the shares of MTL to

and

in 2003. It is now the subsidiary of Wharf (Holdings) and its

shareholders A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner ...

are Wharf (Holdings), China Merchants Holdings (International) and

Jebsen Group Jebsen Group () is a marketing, investment, and distribution organisation founded in 1895. It is headquartered in Hong Kong with offices in Mainland China and Macau. It consists of six business lines: Beverage, Consumer, Industrial, Motors, Logi ...

References

External links

Modern Terminals Limited
{{Ports and harbours of Hong Kong Port operating companies Ports and harbours of Hong Kong Transport companies established in 1969 1969 establishments in Hong Kong Kwai Tsing District Kwai Chung Tsing Yi The Wharf (Holdings) China Merchants 1994 mergers and acquisitions 2001 mergers and acquisitions 2003 mergers and acquisitions 2005 mergers and acquisitions